Today, HUD has published a revision of the new administrative fee formula for the Housing Choice Voucher (HCV) Program in a notice titled “Housing Choice Voucher Program –  New Administrative Fee Formula” in the Federal Register. The new proposed formula would calculate administrative fees on the basis of six variables: (1) program size; (2) wage rates; (3) benefit load; (4) percent of households with earned income; (5) new admissions rate; and (6) percent of assisted households that live a significant distance from the PHA’s headquarters. The Department is allowing a 90-day comment period, and comments will be due on October 4, 2016.

Read entire article here.

Leave a Comment

Your email address will not be published. Required fields are marked *